GOLD ( XAUUSD ) Triangle Formation
Updated
Due to the formation of a symmetrical triangle pattern we may expect a breakout in a few hours or days.
The chances of breaking out to the upper side is high but there are equal chances for a breakout to the downside
The chances of breaking out to the upper side is high but there are equal chances for a breakout to the downside
Note
There was a fake breakout in the upper side and the pice is likely to continue on the downsideNote
Price went to the down sideTrade closed: target reached
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.